Medicare Advantage Majority
Nonprofit profile at a glance
- EIN
- 994380028
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024
- Location
- Henrico, VA, USA
- Phone
- 7032499994
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $1,425,000
- Expenses
- $1,387,900
- Assets
- $37,194
- Liabilities
- $94
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Highest reported compensation
- THOMAS L SUSMAN (DirectorPresident): $10,000 total reported compensation
- KATHLEEN SUMMERS-GRICE (DirectorTreasSec): $10,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Protect Medicare Advantage to ensure seniors and individuals with disabilities maintain access to the high-quality, affordable health care it provides.Educate the public and policymakers about the value of the Medicare Advantage program for 34 million American - continued sched O
What it reported doing in 2024
Launched the organization, with public announcement and messaging to announce the mission to protect the healthcare benefits for more than 34 million Americans. Created initial organization materials including website and a tool for allies to help them explain the value of MA and educate stakeholders who are less familiar with the program. Coordinated proactive efforts to leverage the voices of MA beneficiaries as well as caregivers, policymakers, and local leaders to share their stories and demonstrate the importance of protecting the Medicare Advantage program.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 100
- Accountability: 84
- Sustainability: 37
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.1%; rating input score 96
- Program expense ratio: 98.7%; rating input score 99
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Missing
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 2.6%; rating input score 44; 44th percentile among comparable filings
- Total-asset coverage ratio: 0.03; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
- Officer compensation ratio: 1.4%; rating input score 59; 59th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 96.1% of revenue deployed · 98.7% of spending went to programs
- Governance: 2 of 2 board members independent · 5 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.4M in reported program spending
- Leadership: top reported pay $10K · 2 people listed
- Highest-paid contractors: 1 contractor listed · $1.4M reported
- Consistency: 14 of 14 current checks pass
- Schedules: 2 filed schedules · includes major donors
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Sustainability: Operating margin scored 44/100.
- Review — Sustainability: Officer compensation ratio scored 59/100.